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Forget iWatch. Try Pocket Watches

6/24/2014 4:16PM

There may an iWatch coming soon but among the fashionable set, the hottest timepieces are the ones your grandfather owned. MarketWatch's Charles Passy explains on the News Hub with Lee Hawkins. Photo: Cartier.

This transcript has been automatically generated and may not be 100% accurate.

... the ... maybe making due with the sports ... thing I'd lots but the hottest thing in new timepieces isn't new with all it's the pocketwatch or grandfathered me more ... and it's making a comeback in men's fashion and MarketWatch's Charles Passy is here to discuss that and what was happening well what classes what's old is new again I go well I mean basically what you have here is that this classic ... timepiece ... has become popular ... I think what's going on its two things first ball after a period of time when people were not wearing watches people are starting to wear watches again ... of watchmakers that sort of caught onto styles and certain things that will get people to wear watches again ... and I think people sort of ... re discovered that the beauty and the idea of a watch that you can use the watch for something ... that is more than just about telling time it's makes a statement aam you know it may be in the mid we don't have to look at our cellphones Jesper time either ... so was the watches are getting good at getting hot again ... and that was also happening is we have this retro chic hipster chic sensibility the hipsters love that everything all they love manual typewriters that love record players while they like how pocket watches and that kind of has brought it up again um we were just talking a little bit about aam suits it's coming yet style reduces the three piece suits ... you know that leaves a space for a pocket watch that's yet another element so all this is coming into play ... and and the third component is the new start the final component to have designers saying ... will will pick up on this trend and will make new pocket watches so you have a bunch of designers ... of them are are are picking up on this ... what about the undies immunity is this a trendy thing for them we do will they be in this space ten years from now ... well you know ... that that that that friends is they come and go ... aam I think this certainly has staying power for a few years and you have celebrities like Johnny Depp Johnny Depp has become something of the pocket watch this guy ... on that as as long as Johnny was Johnny Depp is by making more movies aam I'd I think you know I think Islam Islam is Johnny Depp is around ... and you know Justin Timberlake was seeing you know sporting the pocketwatch ... I think as long as you have guys like that doing it the trend will will stay out there um you know and I think you're also as long as the watch companies are doing it I certainly think this has a little more alike than that aam will it last of the Uno beyond ten years of hard to say aam but I think it's got a few more years that I think we are at the beginning stages of interest ... in what is the most expensive one now I walk on the aged one that that runs about seven hundred thousand so you're in the villainy a lot of spare change for that one would see combined one for seventy now you can find one for for well under a hundred on the yuan to be looking for that ... thanks alot thank you Dr gave me an idea of it